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Goldman Sachs Remains a Buy on Banco Santander (BNC)

Tipranks - Tipranks - Thu Apr 9, 6:58AM CDT

In a report released today, Sofie Peterzens from Goldman Sachs maintained a Buy rating on Banco Santander, with a price target of €13.00.

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According to TipRanks, Peterzens is ranked #11581 out of 12068 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Banco Santander with a p1,060.83 average price target.

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Based on Banco Santander’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €29.05 billion and a net profit of €3.76 billion. In comparison, last year the company earned a revenue of €14.15 billion and had a net profit of €3.27 billion

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BNC in relation to earlier this year.

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